HC asks Kingfisher to deposit Rs 3.6 crore against dues
Bombay HC asked Kingfisher Airlines to deposit Rs 3.6 crore with the court registrar against its dues payable to Lufthansa Technik for the usage of engine components.
The payment to the court would cover the dues for the months of July, August and September. The matter has been adjourned to November 6.
Lufthansa Technik, an engineering arm of German airline Lufthansa, had moved the court claiming that Kingfisher defaulted on payments relating to the maintenance of their aircraft. Lufthansa Technik is a provider of maintenance, repair and overhaul (MRO) services of aircraft, components and engines.
The dispute started after Kingfisher���s takeover of low-cost carrier Air Deccan. Kingfisher, then, was negotiating its contract with Lufthansa. The German carrier had separate contracts with Kingfisher and Air Deccan.
Earlier, BPCL had dragged Kingfisher Airlines to the Bombay HC alleging non-payment of fuel dues of Rs 314 crore. The matter is pending as Kingfisher has offered an out-of-court settlement.
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